NZDUSD London briefing — 2026-05-20

BIAS BEARISH. H4/H1 EMAs aligned downward; RSI neutral supports continuation below resistance. KEY LEVELS R: 0.585, 0.59, 0.5991 | S: 0.58154, 0.58, 0.575 NEWS 🟡 MBA Mortgage Applications 11:00 UTC 🟡 EIA Crude Oil Stocks 14:30 UTC 🟡 20-Year Bond Auction 17:00 UTC SESSION OUTLOOK Watch for weakness below 0.585 into London afternoon. USD-focused data may cap upside; monitor bond auction reaction. PRO UNLOCKS Entry zones, SL placement, TP clusters, FVG sweeps, liquidity traps—unlock with Pro subscription.

Key Levels

R: 0.58500 · 0.59000 · 0.59910

S: 0.58154 · 0.58000 · 0.57500